Iceland is about 18 times smaller than Indonesia.

Indonesia is approximately 1,904,569 sq km, while Iceland is approximately 103,000 sq km, making Iceland 5.41% the size of Indonesia. Meanwhile, the population of Indonesia is ~277.3 million people (277.0 million fewer people live in Iceland).
This to-scale comparison of Indonesia vs. Iceland uses the Mercator projection, which distorts the size of regions near the poles. Learn more.

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